Hudson Valley EDC gets a pat on the back from CoreNet.The Hudson Valley
The Hudson Valley refers to the canyon of the Hudson River and its adjacent communities in New York State, generally from northern Westchester County northward to the cities of Albany and Troy. Economic Development Corporation has won the nation's top economic development award. The 2004 Corporate Real Estate Economic Development Leadership and Accomplishment Award was announced recently by CoreNet Global. HVEDC HVEDC Hudson Valley Economic Development Corporation is a public-private organization that markets the eight-county region of the Hudson River Hudson River River, New York, U.S. Originating in the Adirondack Mountains and flowing for about 315 mi (507 km) to New York City, it was named for Henry Hudson, who explored it in 1609. Dutch settlement of the Hudson valley began in 1629. Valley as a prime location for business. Since the international marketing initiative was launched last summer with $7.5 million in funds from Central Hudson Gas & Electric Corporation, almost 2 million s/f of targeted office space has been leased. In addition, nearly 4,000 new jobs have been created as a result of the adaptive re-use of the buildings. Major announcements have included decisions by Cadbury Schweppes Cadbury Schweppes plc is a confectionery and beverage company with its headquarters in Berkeley Square, London, England, UK. Cadbury Schweppes is currently the only major international confectionery manufacturer to produce Fairtrade or organic products, which it sells through its to consolidate its Snapple and Motts headquarters in Rye Brook and Nokia's plan to establish a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of corporate office in Harrison. Argent ar·gent n. 1. Heraldry The metal silver, represented by the color white. 2. Archaic Silver or something resembling it. Mortage Company, Endurance Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Corporation of America, WMC WMC Winter Music Conference WMC Weill Medical College (Cornell University) WMC Wisconsin Manufacturers and Commerce (Madison, WI) WMC Westchester Medical Center WMC Western Mining Corporation Mortage, Wusthof-Trident of America, Olympus Industrial America, Progenies Pharmaceuticals, Aureon Biosciences and Save-A-Lot are among other companies that have announced major expansions or capital investments in the region. "This award clearly demonstrates that when businesses, local governments and the community work together, we can strike a successful balance between creating jobs and protecting the environment," said Governor George E. Pataki. "We are honored to receive this prestigious national award," said T. Jefferson Cunningham III, chairman of the HVEDC Management Council. "It is a true testament to the power of working collaboratively to market the attractiveness of our entire region, without regard to county borders, as the premier business location for companies around the globe." "There is a new era of collaboration in the Hudson Valley," commented Barnabas McHenry and Kevin Plunkett, chairmen of the Hudson River Valley Greenway. "For the first time ever, we're all pulling together and are committed to making certain that environmental protection works hand in hand with economic development." The award was presented to HVEDC officials at the 2004 CoreNet Global Summit being held on May 1519 in Chicago. Officially launched in July 2003, HVEDC serves as a single resource for businesses considering a relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. or expansion in the Hudson Valley region. The organization works closely with the Empire State Development Corporation, New York State Department of Labor, environmental groups such as Scenic Hudson and Hudson River Valley Greenway, regional utilities and the economic development agencies in the eight counties: Westchester, Rockland, Putnam, Orange, Dutchess, Ulster, Sullivan and Greene. HVEDC focuses on marketing large-scale buildings and sites that have already gone through the local land-use planning process and have been identified for development or redevelopment. Target industries include semiconductor and microelectronics, biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. and pharmaceutical, information technology and finance and insurance. The organization has initiated a tightly focused marketing campaign aimed at reaching and building relationships with CEOs and business owners, corporate real estate executives and site selection consultants. The marketing strategy uses an integrated mix of web promotion, advertising, media relations, direct mail, trade shows and special events aimed at making high-level one-on-one contacts. |
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